Continuing on with respect to the inflationary impact of the carbon tax, it's my belief, Governor Macklem, that any type of encumbrance that we put on productivity we must try to avoid.
The carbon tax adds another encumbrance in the fact that businesses specifically don't get any rebates, unlike individuals. This is going to make us less and less productive. It's a terrible tax because of what it does to the most vulnerable in our communities, but it's also a terrible tax from an economic perspective in that it is driving down our productivity when we can least afford our productivity to be driven down.